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24 December 2024 | 5 replies
Scranton area seems to be a lot more landlord friendly than New York is, and the numbers seem better as well, Section 8 seems appealing for the guaranteed income but I will definitely take that information under consideration as I’m looking to invest in the area.
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23 December 2024 | 6 replies
Yes it's definitely legal, and I've sold a few this way.
19 December 2024 | 5 replies
Keep pushing, trust your gut when it’s backed by solid info, and keep leaning on the people who’ve trekked a few miles down this path before you.- Dennis Bragg & Jasper
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24 December 2024 | 44 replies
You’ve got a good list of cities already, but I’d definitely recommend adding Memphis, TN to your list for a few key reasons.First, Memphis is known for its affordable real estate.
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21 December 2024 | 20 replies
they look like they'll cash flow a few hundred dollars a month but then you have a rough tenant turnover, or a big capex item come up, and boom - your cash flow is gone for 5 or 10 years.here are two really good threads to read.Overleveraging, net worth, cash flow and headache factorBaltimore - a path to never-ending painhappy to help further.
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19 December 2024 | 8 replies
Down around those areas you'll be swimming in a sea of cabin competition, so a Scandinavian style or something otherwise standout might be the only path to making more.
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26 December 2024 | 8 replies
His information is definitely the most "sales pitchy" of anyone, which I really do not like.At the event, I saw Jonathon Haveles was their main coach.
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20 December 2024 | 18 replies
I agree with the others, definitely list it now!
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27 December 2024 | 13 replies
If you added in the cash you should have to protect against contingencies, the actual return goes down (or the risk sykrockets, your choice)- If the $300K properties cashflow, definitely a better bet.
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15 December 2024 | 4 replies
My vision includes developing the land into a destination with features like driveways, walking paths, utilities, and unique lodging structures.Here’s my tentative plan1.Place the existing STR in an LLC2.Apply for an SBA small business loan to fund the next steps, including a feasibility study (~$10k+), land clearing, and infrastructure development.While this direction excites me, I’m torn between pursuing this venture and continuing with a more traditional approach—buying one home per year using conventional loans.I’d love to hear your thoughts:•Has anyone transitioned from STRs to glamping or similar ventures?